Hanypay Ghana Ltd has officially inaugurated its Board of Directors in a landmark ceremony marking a major milestone in the company’s institutional development, governance framework, regulatory progress, and strategic expansion within Ghana’s evolving fintech and digital asset ecosystem.
The inauguration and swearing-in ceremony was officiated by Her Ladyship Justice Patricia Quansah, Justice of the High Court, following her nomination by the Acting Chief Justice of the Republic of Ghana. Her presence underscored the importance of corporate governance, accountability, legal compliance, and institutional credibility within the emerging digital financial services sector.
The ceremony brought together distinguished guests, including representatives from the Securities and Exchange Commission (SEC) Ghana, regulatory bodies, the financial sector, legal fraternity, academia, corporate organisations, development partners, traditional authorities, and the media.
During the inaugural board sitting, the Board elected its leadership as follows:
- Mr. Daniel Glover – Board Chairman
- Ms. Grace Kafui Vormawor – Board Vice Chairperson
- Mr. Gershon Ntsri, Esq. – Board Secretary
The full Board of Directors includes:
- Mr. Daniel Glover – Board Chairman
- Prof. Hugh Aryee
- Mr. Gershon Ntsri, Esq. – Board Secretary
- Mr. Godson Sena Adjavor
- Dr. Esther Asiedu
- Dr. Makafui R. Agboyi (PhD)
- Mr. Stephen Opon
- Dr. Joshua Doe (PhD)
- Rev. Flora Lamptey
- Ms. Grace Kafui Vormawor – Board Vice Chairperson
- Mr. Hudson Emmanuel Opoku-Mensah
The inauguration comes at a strategic moment as Hanypay progresses within the Securities and Exchange Commission Ghana Regulatory Sandbox Programme, positioning itself among emerging compliant fintech and virtual asset ecosystem participants in Ghana.
Speaking at the ceremony, Prof. Hugh Aryee, Founder and Group CEO of Hanypay Ghana Ltd, expressed appreciation to the Securities and Exchange Commission Ghana for admitting the company into the Regulatory Sandbox Programme. He described the milestone as evidence of the Commission’s commitment to responsible innovation, investor protection, regulatory oversight, and the development of Ghana’s digital financial sector.
He noted that Hanypay’s innovation strategy is anchored on regulation, transparency, accountability, compliance, and responsible digital finance innovation.
Prof. Aryee outlined key innovations currently operating within the Sandbox environment, including:
- A utility payment settlement system enabling users to pay for goods and services using the company’s utility token ecosystem
- Secure peer-to-peer (P2P) and business-to-business (B2B) transaction channels
- Corporate and merchant digital wallet infrastructure
- Integrated fintech interoperability systems
- Hanymarket, a continental digital marketplace platform designed to support commerce across 54 African countries
According to the company, Hanymarket is intended to serve as a digital trade and e-commerce platform where the AKL utility token functions as a payment instrument to enhance financial inclusion, cross-border trade, and digital commerce accessibility across Africa.
Prof. Aryee further emphasised that governance and compliance remain central to Hanypay’s long-term growth strategy as it expands within the Virtual Asset Service Provider (VASP) ecosystem.
He added that the Board was carefully constituted to provide expertise across academia, law, banking, accounting, auditing, governance, technology, business leadership, and financial services.
The Board will provide oversight in key areas including regulatory compliance and risk management, corporate governance, financial sustainability, cybersecurity, strategic partnerships, consumer protection, and operational accountability.
Hanypay reaffirmed its commitment to maintaining the highest standards of integrity, compliance, risk management, and responsible innovation as it builds an inclusive and globally competitive digital financial ecosystem.
ABOUT HANYPAY GHANA LTD
Hanypay Ghana Ltd is a fintech and digital commerce company focused on payment infrastructure, digital wallets, utility payment systems, fintech interoperability, and marketplace solutions across Africa and beyond. The company supports P2P, B2B, C2C, and G2G transactions while promoting financial inclusion, digital trade, and compliant fintech innovation.
